Do long stock trades need a margin account?

The docs list a margin account only for short entries.

What does a short exit do?

It buys the shares back to cover.

Does Nyria add a stop to a short?

No. Nyria places only the orders your alerts ask for.

Can a short lose more than I put in?

Yes. A short stock position can lose more than the account holds.

How many shares does a short sell?

Whole shares, as many as the budget per entry covers.

What if a short exit alert doesn't close it?

Check the strategy's Logs tab for the reason.

Guide

Does shorting a stock on Nyria need a margin account?

Yes. A short entry sells shares short, which needs a margin account at your broker. A short exit buys them back to cover. Nyria places only the orders your alerts ask for, so no stop sits behind a short position.

Start free

Official documentation

Set up a short stock strategy

1
Check your account type
Ask your broker to confirm the account is a margin account.
2
Add short alerts
Give the strategy a short entry alert and a short exit alert.
3
Send the short entry
A short entry sells shares short.
4
Send the short exit
A short exit buys the shares back to cover.
5
Plan your own exit
Nyria places no stop order, so decide when you close.

What each alert does

Long entries buy shares.
Long exits sell them.
Short entries sell short.
Short exits buy to cover.

Why a margin account

Selling short needs a margin account.
Your broker decides which accounts qualify.
If you are unsure, ask your broker.

What is still your risk

A short stock position can lose more than the account holds.
Nyria doesn't place a stop order behind it.
The same is true of a short naked option.

How a short is sized

Stocks are priced per share.
Nyria orders whole shares on every broker.
The budget per entry has to cover at least one share.

Test it first

Run the strategy on Nyria Paper first.
Read the known limitations before you trade live.
A strategy can lose money.

Questions

Do long stock trades need a margin account?: The docs list a margin account only for short entries.
What does a short exit do?: It buys the shares back to cover.
Does Nyria add a stop to a short?: No. Nyria places only the orders your alerts ask for.
Can a short lose more than I put in?: Yes. A short stock position can lose more than the account holds.
How many shares does a short sell?: Whole shares, as many as the budget per entry covers.
What if a short exit alert doesn't close it?: Check the strategy's Logs tab for the reason.

All questions